+ 98 21 - 910 100 30
+ 98 31 - 910 100 30
Honesty - Quality - Customer Satisfaction
+ 98 21 - 910 100 30
+ 98 31 - 910 100 30
The recent report by the Fitch Institute suggests that iron ore production levels globally will mean 2.4 % between 2021 and 2025 , compared to 2 - 2 % in the last five years . This will produce a growth of 378 m tonnes annually by 2020 , which is equivalent to the total production of Indian and Russian iron ore in 2020 .
Meanwhile , much of the growth in production will be in the hands of Brazil and then Australia . According to Iranian Steel , in China , the production of iron ore is expected to be stable after intense production in recent years .
However , since the Chinese mines have high production costs as compared to other countries , the priority of Chinese mineral enterprises is expected to be the priority of deposits outside the country .
After 2025 , low prices are expected to affect production growth , and between 2026 and 2030 production will be reduced to 0.4 % .
In spite of the Chinese government's commitment to reduce the production of steel to reduce air pollution and increase the costs of raw materials , iron ore prices soared in the past day .
It is estimated that Brazil's iron ore production is about 5.9 % this year , compared to 529 million tons by 2020 .
The annual average growth of iron ore production is estimated to be 1.7 % between 2021 and 2025 .
Ahan Pouya with more than a decade of best-selling experience, adheres to professional and ethical principles in the field of selling and buying at inside and outside the borders of Iran, helping you in the steel industry.
